XRP Sees Strong Gains as Cryptocurrency Market Rebounds

The cryptocurrency market has shown signs of recovery heading into the July 4th weekend. According to data from Santiment, most cryptocurrencies have broken free from their stagnant state and are now trading higher.

XRP was one of the notable gainers, surging more than 8% in the last seven days. This price increase has allowed XRP to regain strength against Bitcoin, with a golden cross setup appearing on the 2-hour BTC chart.

The recent price action has also led to increased interest in XRP, with on-chain data suggesting that new users are stepping in despite sluggish price action. The $1.00-$1.05 range is seen as a likely dip-buy area, with sentiment reaching a 3-month high in FOMO.